Inventory Archives | SME Business Guide - Your Online Business Coach Your Online Business Coach Thu, 26 Aug 2021 13:34:24 +0000 en-US hourly 1 https://smebusinessguide.com/wp-content/uploads/2018/09/sme_pwa_icon-100x100.png Inventory Archives | SME Business Guide - Your Online Business Coach 32 32 Inventory Management – Basics https://smebusinessguide.com/business-guide/inventory/guidelines-for-inventory-control/ Thu, 05 Jan 2017 11:27:46 +0000 http://smebusinessguide.com/?p=4603 At any moment of time, every company holds some stock of various items. These items collectively make up the inventory

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]]> Inventory Control Methods – Classification Of Inventory https://smebusinessguide.com/business-guide/inventory/inventory-control-methods/ Wed, 04 Jan 2017 11:30:16 +0000 http://smebusinessguide.com/?p=4605 The methods used to control inventory focus on • Classification of inventory • Setting up minimum stock levels and ordering

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]]> Inventory Control Methods – Setting up Various Stock Levels https://smebusinessguide.com/business-guide/inventory/setting-up-various-stock-levels/ Tue, 03 Jan 2017 11:37:16 +0000 http://smebusinessguide.com/?p=4608 Reorder Level To maintain a satisfactory level of inventory for every material, a specific quantity is fixed as the reorder

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]]> Inventory Control Methods – Ordering Methods https://smebusinessguide.com/business-guide/inventory/inventory-control-methods-ordering-methods/ Mon, 02 Jan 2017 11:41:20 +0000 http://smebusinessguide.com/?p=4612 Different companies have different ordering methods, depending upon their product mix, warehouse and store locations, production or sales cycles, supplier

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]]> Guidelines For Inventory Control https://smebusinessguide.com/business-guide/inventory/guidelines-for-inventory-control-2/ Sun, 01 Jan 2017 11:42:38 +0000 http://smebusinessguide.com/?p=4614 • Inventory can hold a lot of money in investment for any manufacturing or trading company. It is an important

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